(MEAR) Short Maturity Municipal - Overview
Etf: Municipal Bonds, Short-Term, Tax-Exempt, Investment-Grade
Dividends
| Dividend Yield | 2.96% |
| Yield on Cost 5y | 3.02% |
| Yield CAGR 5y | 77.32% |
| Payout Consistency | 89.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 0.98% |
| Relative Tail Risk | 3.48% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.47 |
| Alpha | -0.61 |
| Character TTM | |
|---|---|
| Beta | 0.012 |
| Beta Downside | 0.013 |
| Drawdowns 3y | |
|---|---|
| Max DD | 0.86% |
| CAGR/Max DD | 4.39 |
Description: MEAR Short Maturity Municipal January 19, 2026
The iShares Short Maturity Municipal Bond ETF (BATS: MEAR) is an actively managed ETF that allocates at least 80 % of its net assets to U.S. municipal securities whose interest is exempt from federal income tax and the federal alternative minimum tax. Its portfolio is concentrated in investment-grade, short-term (≤ 5 years) fixed-rate and floating-rate muni bonds, municipal notes, variable-rate demand obligations, and may also hold money-market instruments or registered investment companies.
Key fund metrics (as of the most recent filing) include an expense ratio of 0.20 %, a 30-day SEC yield around 3.1 %, and an average weighted-average maturity of roughly 2.3 years. The ETF’s credit composition is heavily weighted toward AA-rated issuers, reflecting its focus on high-quality municipal debt.
Performance drivers are primarily short-term interest-rate movements and the fiscal health of state and local governments. In a rising-rate environment, the fund’s floating-rate exposure can help mitigate price pressure, while a robust supply of short-term muni issuance-often driven by state budget cycles and infrastructure financing needs-supports liquidity and pricing efficiency.
For a deeper, data-driven comparison of MEAR against peer funds and macro scenarios, you might find ValueRay’s analytics platform worth exploring.
What is the price of MEAR shares?
Over the past week, the price has changed by +0.09%, over one month by +0.45%, over three months by +1.01% and over the past year by +3.59%.
Is MEAR a buy, sell or hold?
What are the forecasts/targets for the MEAR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 54.6 | 8.2% |
MEAR Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.36b USD (1.36b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.36b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.36b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 5.96% (E(1.36b)/V(1.36b) * Re(5.96%) + (debt-free company))
Discount Rate = 5.96% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)